Jim Cramer

From WikiMD's Wellness Encyclopedia

Jim Cramer
File:Jim Cramer.jpg
Jim Cramer in 2023
BornBirth date -1st March 1966
Wyndmoor, Pennsylvania, U.S.
OccupationTelevision personality, author, former hedge fund manager
Known forHost of Mad Money on CNBC


James J. Cramer (born February 10, 1955) is an American television personality, author, and former hedge fund manager. He is best known as the host of Mad Money on CNBC, a show that focuses on investment and speculation in publicly traded stocks.

Early Life and Education[edit | edit source]

Jim Cramer was born in Wyndmoor, Pennsylvania, a suburb of Philadelphia. He attended Harvard College, where he earned a Bachelor of Arts in government in 1977. During his time at Harvard, Cramer was the president and editor-in-chief of The Harvard Crimson.

After graduating, Cramer worked as a journalist for several publications, including The Tallahassee Democrat and Los Angeles Herald Examiner. He later returned to Harvard to attend Harvard Law School, where he earned a Juris Doctor degree in 1984.

Career[edit | edit source]

Journalism[edit | edit source]

Cramer's early career was in journalism, where he worked for various newspapers. His experience in journalism helped him develop a keen sense of inquiry and analysis, skills that would later serve him well in the financial world.

Hedge Fund Management[edit | edit source]

In 1987, Cramer founded Cramer & Co., a hedge fund that he managed until 2001. During his time as a hedge fund manager, Cramer achieved significant success, reportedly generating an average annual return of 24% over 14 years.

Television and Media[edit | edit source]

Cramer is best known for his work on television, particularly as the host of Mad Money on CNBC. The show, which began airing in 2005, features Cramer providing stock market advice and investment strategies to viewers. His energetic and often theatrical presentation style has made him a well-known figure in financial media.

Cramer is also a co-founder of TheStreet.com, a financial news and services website, where he contributes articles and analysis on the stock market.

Authorship[edit | edit source]

Jim Cramer has authored several books on investing and finance, including Jim Cramer's Real Money: Sane Investing in an Insane World and Jim Cramer's Get Rich Carefully. These books offer insights into his investment philosophy and strategies.

Controversies[edit | edit source]

Cramer has been a controversial figure in the financial world, often criticized for his stock picks and market predictions. His high-energy style and bold predictions have sometimes led to public scrutiny and debate among financial professionals.

Personal Life[edit | edit source]

Cramer is married to Lisa Cadette Detwiler, a real estate broker. He has two children from a previous marriage. Cramer is known for his philanthropic efforts, including support for educational and health-related causes.

Also see[edit | edit source]

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